• Sam Altman claims Worldcoin is onboarding eight users per second, but the claims are largely unsubstantiated
• Prosecutors withdraw campaign finance charges against Sam Bankman-Fried
• Gensler says crypto is ‘rife with fraud; rife with hucksters’
Sam Altman Claims Worldcoin Onboarding Eight Users Per Second
Sam Altman recently claimed that Worldcoin, a cryptocurrency platform, is onboarding eight users per second. However, these claims have yet to be substantiated.
Prosecutors Withdraw Campaign Finance Charges Against Sam Bankman-Fried
Prosecutors have withdrawn campaign finance charges against prominent cryptocurrency investor and executive Sam Bankman-Fried. The case was widely criticized as a form of political targeting.
Crypto Rife With Fraud And Hucksters Says Gensler
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has warned that despite good faith actors, crypto is „rife with fraud; rife with hucksters“. He cited the need for greater regulatory clarity in order to protect investors from potential scams and other forms of misconduct.
Caroline Ellison’s Writings From Months Leading Up To Alameda & FTX Collapse Uncovered In Legal Discovery Process
Private writings from Caroline Ellison from months leading up to Alameda Research and FTX collapse were recently uncovered during a legal discovery process. The documents shed light on what happened prior to the two companies‘ demise.
Generative AI Set To Infuse $450B Into Enterprise Sector – Reports
ABI Research recently released a report that predicts generative Artificial Intelligence (AI) will inject over $450 billion into the enterprise sector across twelve different verticals in the next seven years. This suggests that generative AI could have much broader economic implications beyond just consumer markets and applications.